0001 Lyle Wilson Road, Cullowhee, NC 28723

Land
Built in ——
15acre lot
—— car garage
$——/sqft
Listed 28 days ago

Property Description

Fully entitled tract of development land located just .25 mile from Western Carolina University in a federally designated Opportunity Zone. Ideal development opportunity for duplex/townhome style housing to meet the growing demand and stagnant supply of available homes in the Jackson County area. This parcel is entitled to build 27 units of single family detached style homes on 27 building pads. This offering is for pads S1-S27 on the site plan. A complete package of permits, drawings, plans and studies can be supplied to prospective purchasers. The total project area is entitled for a mix of single family and duplex style with 73 total units. The grunt work has been completed and this is ready to go vertical, saving significant time and money. Jackson County caused a housing study in 2019. The result of the study revealed that over 2000 housing units should be constructed in Jackson County between 2020 and 2025. The volume of new construction since 2020 is no where close to that 2000 unit need. New $80M Engineering program expansion will require about 30 new professor hires at WCU in the next 18-24 months. Strong area demand for housing units for sale or market/workforce lease. If you are seeking a lower capital outlay for acquistion check for other listings with different areas of this total project area. Prices range from $265K to $1.475M for varied areas, number of type of building pads per current land plan.

Listing Status:: Active
Listing Office:: Todd Baucom Realty Inc : 828-269-2014
MLS ID:: 4301114

Road/Access: GravelPaved
Originating MLS: carolina
County: Jackson

Zoning: Fully permitted7558-18-8604 & 7558-18-9344

Water: County WaterPublic
Sewer: County SewerPublic Sewer

Source: carolina

This listing courtesy of Todd Baucom Realty Inc

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Cullowhee Valley School

240 Wisdom Dr, Cullowhee, NC, 28723

Grades KG-8

0.17 miles away

Cullowhee Valley School

240 Wisdom Dr, Cullowhee, NC, 28723

Grades KG-8

0.17 miles away

Smoky Mountain High School

100 Smoky Mountain Dr, Sylva, NC, 28779

Grades 9-12

4.16 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.